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Former U.S. Treasury Secretary Summers: Trump will realize that attacking the Federal Reserve carries high risks.
According to reports from Hash World Chain, Summers stated that stablecoins will not significantly increase the net demand for U.S. Treasury bonds, and he is skeptical about their substantial assistance in financing fiscal deficits. Regulatory measures must prevent bank runs and disallow anonymous transactions.
#Cryptocurrency #Stablecoin #FinancialRegulation #Circle #Paxos